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No leadshedding after 2 years, claims Muhith!

Finance Minister Abul Maal Abdul Muhith today described shortage of electricity as a key barrier to the development and said the country would not experience any shortage of electricity after two years.

“I don’t want to see any shortage of electricity after two years…power problem would not be an obstacle to the country’s
development,” he said while inaugurating the ‘National Electricity Week’ in the city.

Power Division of the Ministry of Energy, Power and Mineral Resources organized the ‘National Electricity Week’ to create
awareness among people about the efficient use of power.

Additional Secretary of Power Division Tapash Kumar Roy presided over the function while Prime Minister’s Energy Affairs
Adviser Dr Tawfiq-E-Elahi, State Minister for Ministry of Power Enamul Haque also spoke.

Secretary of the Economic Relations Division (ERD) Abul Kamal Azad, senior officials of the ministry also attended the function.

Muhith said production cost of electricity is on the rise across the world and the country should reduce dependence on hydrocarbon and find out alternative sources of power like renewable energy, coal and bio fuel.

“We all have to ensure maximum outcome of limited electricity,” he said, adding that the country’s power production will rise from 12,000 MW from the existing 7,000 MW by 2014.”

The finance minister said the country would have 500-MW electricity by next year and a process is underway to import more
power from India, Myanmar and Bhutan.

Regarding the consumption of power, he said Bangladesh should follow Europe, Japan and Switzerland as examples instead of the United States.

Dr Tawfiq-E-Elahi said country’s power production has been increased to around 7,000 MW at present from 3,500 MW three and a half years back.

About the quick rental power plant, he said there was no alternative to go for expensive power production for increasing
the overall power production in the country considering the rapid industrialization.

Enamul Haque stressed the need for creating awareness about the optimum use of electricity for the country’s greater interest.